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I was a victim of a scam last year.... how do I report the

Customer Question
loss on Turbo Tax?...
I was a victim of a scam last year.... how do I report the loss on Turbo
Tax?
Submitted: 1 year ago.Category: Tax
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Answered in 9 minutes by:
10/5/2016
Tax Professional: Lane, JD, CFP, MBA, CRPS replied 1 year ago
Lane
Lane, JD, CFP, MBA, CRPS
Category: Tax
Satisfied Customers: 12,876
Experience: Law Degree, specialization in Tax Law and Corporate Law, CFP and MBA, Providing Financial & Tax advice since 1986
Verified

Hi,

...

This is reported as a casualty/theft loss (the form is used for both) on form 4684 "Casualties and Thefts."

...

Here's what the form looks like:

...

https://www.irs.gov/pub/irs-pdf/f4684.pdf

...

In TurboTax, jump to the entry area for casualty loss:

  1. Enter casualty loss in the TurboTax search box and press the Enter key.
  2. On the Stolen or Damaged Items screen, click Yes.
  3. Answer the interview questions describing your event.
  4. When finished at the Property Summary screen,
    Enter any additional property losses by clicking the Add a Property button.
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